Adinath Prime Developers Private Limited
About Adinath Prime Developers Private Limited
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Adinath Prime Developers Private Limited is a private limited company based in Mandsaur, Madhya Pradesh, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 28 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U70100MP2008PTC020397. Its GSTIN is 23AAGCA8661G1ZP (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹67.77 Lakh. It is led by directors including Pinkesh Chordia (Managing Director) and Siddharth Chordia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Opp. Sardar Rolling Mill Nai Abadi, Mandsaur, Madhya Pradesh, India – 458001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.46 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net profit of ₹5.5 Lakh (net margin 2.2%) and EBITDA of ₹16.17 Lakh (EBITDA margin 6.6%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹60 Lakh and satisfied charges of ₹4.15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Adinath Prime Developers Private Limited's registered office is in Mandsaur, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOpp. Sardar Rolling Mill Nai Abadi, Mandsaur, Madhya Pradesh, India – 458001
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Adinath Prime Developers Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Adinath Prime Developers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Adinath Prime Developers Private Limited, buy the company report.
Financials of Adinath Prime Developers Private Limited
FY 2025 filings availableAdinath Prime Developers Private Limited reported revenue of ₹2.46 Cr (up 80% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 80% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 35% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹16.17 Lakh | ||||
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| Net Profit (PAT) | ₹5.5 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 2.2% | ||||
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To see the full financial statements and ratios of Adinath Prime Developers Private Limited, buy the company report.
Board of directors of Adinath Prime Developers Private Limited
Adinath Prime Developers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Chordia | Director | 25 Nov 2016 | 9 Years 11 Months | Current |
| Anil Kumar Chordia | Director | 28 Feb 2008 | 18 Years 8 Months | Current |
| Pinkesh Chordia | Managing Director | 21 Feb 2011 | 15 Years 8 Months | Current |
Peer comparison
Adinath Prime Developers Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Naman Polyplast Private Limited | ₹2.51 Cr (FY 2025) | -49.0% | Jaipur, Rajasthan, India | |||
| A.T. Pipes (India) Private Limited | ₹2.5 Cr (FY 2024) | 32.0% | Talwandi Rana, Haryana, India | |||
| Adinath Prime Developers Private Limitedthis company | ₹2.46 Cr (FY 2025) | ₹5.5 Lakh | 2.2% | 80.0% | Mandsaur, Madhya Pradesh, India | |
| Ess Flexi Tubes Private Limited | ₹2.45 Cr (FY 2025) | 24.0% | Bangalore, Karnataka, India | |||
| Mahaprabhu Irrigation and Solar Private Limited | ₹2.4 Cr (FY 2025) | 3.0% | Dhalbhumgarh, Jharkhand, India |
To see the full peer comparison of Adinath Prime Developers Private Limited, buy the company report.
Auditor
Adinath Prime Developers Private Limited is audited by VINAY BABULAL AGRAWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINAY BABULAL AGRAWAL & CO. | FY 2023 | 009649C |
Shareholding
The shareholding of Adinath Prime Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Adinath Prime Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Mar 2024 | 100883605 | Hdfc Bank Limited | ₹60 Lakh | Open | |
| 17 Oct 2012 | 10384814 | Corporation Bank | ₹3.25 Cr | Satisfied | |
| 15 Nov 2010 | 10253381 | Union Bank of India | ₹90 Lakh | Satisfied |
To see the full charge records of Adinath Prime Developers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Adinath Prime Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Adinath Prime Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adinath Prime Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAGCA8661G1ZP | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adinath Prime Developers Private Limited, buy the company report.
Recent activity
Adinath Prime Developers Private Limited has 6 board changes on record since 2008: 3 appointments and 3 cessations. The latest: Mahendr Kumar Chordiya ceased to be Director on 31 Dec 2021.
3 earlier events are in the company report.
Frequently asked questions
Adinath Prime Developers is an active private limited company based in Mandsaur, Madhya Pradesh, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 28 February 2008 (18+ years old) and is registered under CIN U70100MP2008PTC020397.
Adinath Prime Developers has 3 current directors:
- Pinkesh Chordia - Managing Director
- Siddharth Chordia - Director
- Anil Kumar Chordia - Director
The latest financial statements of Adinath Prime Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Adinath Prime Developers is 23AAGCA8661G1ZP, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Adinath Prime Developers is U70100MP2008PTC020397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adinath Prime Developers was incorporated on 28 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Adinath Prime Developers by revenue are Naman Polyplast Private Limited, A.T. Pipes (India) Private Limited, Ess Flexi Tubes Private Limited, Mahaprabhu Irrigation and Solar Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Mahendr Kumar Chordiya ceased to be Director on 31 Dec 2021. Siddharth Chordia was appointed as Director on 25 Nov 2016. Pinkesh Chordia ceased to be Director on 20 Jan 2016. Adinath Prime Developers has 6 board changes on record in total.
The registered office of Adinath Prime Developers is at Opp. Sardar Rolling Mill Nai Abadi, Mandsaur, Madhya Pradesh, India – 458001.
Adinath Prime Developers operates in the manufacturing industry, in the pipe and tubes segment.
Adinath Prime Developers has open charges of ₹60 Lakh and satisfied charges of ₹4.15 Cr as per latest MCA filings.
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